Capital Market Project Manager

Capital Market Project Manager

New York City, NY or Jersey City, NJ or Charlotte, NC (Hybrid 3 days in a week) 12+ Months Web Cam Interview $85/hr on 1099 or $80/Hr on W2

Role:

The manager wants candidates out of large investment banks (not hedge funds) or financial services capital markets companies. They need to have experience with FX/rates and fixed income.

Candidates must be IT project managers with excellent business knowledge of capital markets and FX.

We Need:

TWO senior Project Managers who has recent experience in project management for projects supporting trading/capital markets and/or investment banking. Candidates need to have extensive and recent capital markets experience and "trading" mentioned all over the resume.

ONE PROJECT MANAGER WILL BE FOCUSED ON FRONT OFFICE TRANSACTIONS AND THE OTHER WILL COVER MIDDLE AND BACK OFFICE TRANSACTIONS.

Candidates must have Long Projects/Good Tenure, Excellent communication skills

Candidate Must Have's on a Resume and for Submittal:

How many years working with: Project Manager

How many years working with: Capital Markets/Trading/Investment Banking

How many years working with: FX/RATES

Job Description: Front Office Project Management Role Description

SMBC Capital Markets Inc continues to grow its Global Markets Group in the Americas.

The Front Office Technology Project Management Team is focusing on modernizing our technology, focus on our data driven approach, growth and plan for the future to align with the Global Markets Group strategy.

As a result of this expansion, we are seeking a Front Office Project Manager to focus on building out our Front to Back Trade Support across bilateral and cleared Interest Rate, FX, and Credit Default Derivatives products.

Role Objectives

Project Management implementation for strategic projects and enhancements across Rates, XVA, FX Desks, ETrading, and F2B Department Trade Support

Lead new projects from inception through production go live, managing the project lifecycle across authoring Project Initiation Documents/Business Requirements Documents, Status Reports, leading Front to Back UAT across Users/Developers

Working knowledge of products, services, business flows and understanding of financial context in which technology and operating principles are used within their business area.

Interacts with Business Analysts, Developers, Business Stakeholders, Program Managers

Coordinate and facilitate routines to support delivery (e.g., kick-offs, reviews, stakeholder meetings, change controls, tollgates).

Plan and coordinate delivery and dependencies across multiple teams supporting recourse planning for delivery and execution.

Facilitate dependency management, risk management, and impediment removal for defined deliverables.

Ensure execution meets client expectations for functionality, quality, timeline, and cost, as well as facilitating synchronization points across organizations.

Gather and provide status updates to stakeholders and leadership regarding delivery, risks, and schedule

Facilitates project planning against backlog/prioritized work. Manages risk/dependencies/impediments for on team. Ability to answer teams agile/waterfall framework questions.

Understands all roles and responsibilities within their project working group and uses the tool sets within the software lifecycle

Responsible for artifacts, routines, coordination and communication needed for governance forums. Understands stakeholder expectations and creates regular updates to keep stakeholders informed

Identifies risk/dependencies and quantifies the impact it has on the business/technology and what controls are to be used to resolve

Promote communication and collaboration across organizations to support deliverable completion and timeline.

Ensure execution aligns with deliverable requirements by working with sponsors and stakeholders.

Ensure deliverables comply with enterprise change management standards.

Qualifications and Skills

8+ years of experience in bank capital markets as a Project Manager with proven experience relating to Front, Middle Office and/or Back Office system implementations or equivalent operational experience.

Strong work ethic with focus on meeting deadlines, objectives, and ability to learn new products and systems in a timely manner

Bilateral and cleared Rates and FX Products experience across Swaptions, Cross Currency IRS, OIS, FRAs Deliverable Forwards, FX Options, Non Deliverable Forwards, Swap Spreads, Invoice Spreads

Fixed Income Products experience across Treasuries(Bills, Notes, Bonds), Credit(IG, HY, EM), Agency Discount Notes

Prior Capital Markets or Fixed Income Products experience, ability to demonstrate projects successfully launched and benefits

Working knowledge of OTC market operations across Compression, Initial Margin Optimization, Clearing(CME, JSCC, LCH, ICE), and up to date on industry best practices

Front to Back Trade support experience across booking new trades, trade affirmation, clearing, lifecycle events (Allocations, Novation's, Backloading)

Understands trade lifecycle F2B from Trade Execution(SEF / Off SEF) through affirmation, risk capture down to settlement of cash flow, variation margin initial margin

SIMM IM vs Cleared IM, Risk Weighted Assets, MPOR, Delta, Present Values etc.. a plus

Strong verbal and written communication skills. Ability to communicate effectively and confidently with users, team members.

Strong analytical, strategic thinking and problem solving skills, including a thorough understanding of how to interpret business needs and translate them into application and operational requirements.

Strong skills working with MS Excel, MS Project, MS Word, MS Power Point & SharePoint, Confluence

Bachelor's degree. Finance, Computer Science or Information Systems preferred.